Form 4: Fortive Corp Executive Christopher M. Mulhall Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Christopher M. Mulhall, VP Chief Accounting Officer of Fortive Corp, reports changes in beneficial ownership of common stock due to tax withholding related to vesting of restricted stock units.
Summary
- On August 15, 2024, Christopher M. Mulhall, VP Chief Accounting Officer of Fortive Corp, reported changes in his beneficial ownership of the company's common stock.
- The changes are due to the withholding of 129 shares for tax purposes related to the vesting and distribution of restricted stock units at a price of $69.79.
- Following the transaction, Mulhall directly owns 7,311 shares.
- Mulhall also indirectly owns 533 shares through a spouse's account, and 865 shares through a 401(k) plan, and 865 shares through a spouse's 401(k) plan as of July 31, 2024.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices and does not indicate positive or negative sentiment.
Industry Context
This is a routine filing related to insider transactions and is a normal part of corporate governance and regulatory compliance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax withholding on vested restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of plan statement for 401(k) holdings. |
| 08/15/2024 | Date of transaction (tax withholding for restricted stock units). |
| 08/16/2024 | Date of signature on the Form 4 filing. |
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